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The institutionalization of the compliance function has caused many companies to assemble committees to coordinate and oversee such efforts. But these compliance committees can have vastly different compositions and functions, tackling everything from investigation of whistleblower complaints to oversight of compliance with the U.S. Sentencing Commission's organizational sentencing guidelines.

Plenty of voices are now churning out good advice on effective oversight of cyber-security risk, Compliance Week Editor Matt Kelly writes. The only problem? Investors don't yet seem to care that much about it. That leaves boards, compliance officers, privacy directors, and even regulators struggling to move forward with an effective approach to the problem. More inside.